Pebblebrook Hotel Trust (NYSE:PEB) Given New $20.00 Price Target at Wells Fargo & Company

Pebblebrook Hotel Trust (NYSE:PEB) had its target price increased by equities research analysts at Wells Fargo & Company from $19.00 to $20.00 in a report issued on Monday, Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 4.61% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Morgan Stanley boosted their price target on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the company an “underweight” rating in a report on Thursday. Raymond James Financial lifted their price objective on shares of Pebblebrook Hotel Trust from $18.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, September 28th. Cantor Fitzgerald lifted their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Stifel Nicolaus set a $22.00 target price on shares of Pebblebrook Hotel Trust in a research note on Monday, October 19th. Finally, Evercore set a $21.00 target price on Pebblebrook Hotel Trust in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $18.27.

Pebblebrook Hotel Trust Price Performance

PEB traded up $0.58 during trading on Monday, reaching $20.97. The stock had a trading volume of 136,705 shares, compared to its average volume of 2,381,960. The stock has a 50 day moving average of $18.67 and a two-hundred day moving average of $17.42. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of -30.42, a price-to-earnings-growth ratio of 1.38 and a beta of 1.43. Pebblebrook Hotel Trust has a 1-year low of $9.99 and a 1-year high of $21.26.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.56. The company had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 EPS. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. As a group, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.72 EPS for the current fiscal year.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

A number of institutional investors have recently modified their holdings of PEB. Nisa Investment Advisors LLC lifted its stake in shares of Pebblebrook Hotel Trust by 23.2% in the third quarter. Nisa Investment Advisors LLC now owns 6,282 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 1,185 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Pebblebrook Hotel Trust by 25.2% during the 3rd quarter. GAMMA Investing LLC now owns 14,874 shares of the real estate investment trust’s stock worth $279,000 after buying an additional 2,998 shares during the period. Cim Investment Management Inc. grew its stake in Pebblebrook Hotel Trust by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 13,180 shares of the real estate investment trust’s stock valued at $256,000 after buying an additional 893 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in Pebblebrook Hotel Trust by 9.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,001 shares of the real estate investment trust’s stock valued at $214,000 after buying an additional 910 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in Pebblebrook Hotel Trust in the 2nd quarter valued at $502,000.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE:PEB) is a publicly traded real estate investment trust that owns and invests in upscale, full-service hotels and resorts in the United States. The company focuses on acquiring, developing, and repositioning lodging properties in major urban and resort destinations.

Its portfolio includes hotels operating under a variety of national, regional, and independent brands. Pebblebrook generally owns the underlying real estate while hotels are operated through management agreements, providing lodging accommodations, food and beverage services, meeting and event facilities, and other guest amenities.

Founded in 2009, Pebblebrook Hotel Trust has emphasized properties in markets with strong tourism, business travel, and cultural or recreational appeal.